SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme - Business (4) - Nairaland
Nairaland Forum › Nairaland General › Business › SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme (43419 Views)
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| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by 2cribz: 8:59am On Dec 25, 2020 |
Its always fast monwy well too bad for me thisbyear no pay me,i only made 9000$. I feel so poor |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Wartsnigeria: 9:02am On Dec 25, 2020 |
Sermwell:Coincidentally the amount was my target this year unfortunately I couldn't save up to half, thank God I was able to save 10m despite the uncertainties. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by OyinO: 9:03am On Dec 25, 2020 |
The Nigerian people especially the Youths have been so deprived, used, abused, marginalised, tossed up and down, mesmerized, promised and fooled, deceived and oppressed into perpetual poverty of mind and body by Religious Leaders, Pastorpreneurs and their counterparts - the HOMOPOLITICUS, so much so that they have become the world's most vulnerable group of people. Mesmerise and embezzle their hard earned cash today, they'll fall for another stunt the next day morning. Complete blinded, deafened and dumbed down fellowsheeps and followsheeps WHO WALK BY FAITH AND NOT BY SIGHT, and thus oftentimes fall into a dangerous ditch. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by daddytime(m): 9:06am On Dec 25, 2020*. Modified: 9:50am On Dec 25, 2020 |
Make una come locate the guy massive estate for Abuja. The guy use una money dey flex for Abuja with over 10 police escorts. Every eeekend na steady private shows with either Davido or Timaya entertaining him and his harem. Lol |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by candygist: 9:07am On Dec 25, 2020 |
Sermwell:Boss, what business are you into please, I will like to know more. I need that kind of money in my life. Thanks |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by allstarfestus: 9:08am On Dec 25, 2020 |
Why will nigeria government , allow something that is illegal to go on for so long .... till more people get scammed |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by User09: 9:10am On Dec 25, 2020 |
emmanuelewumi:Not True. Far Less than that |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by sonofElElyon: 9:16am On Dec 25, 2020 |
You may also have cause to regret if he is unable to repay the loan! Sermwell: |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by pyro62(m): 9:18am On Dec 25, 2020 |
Sermwell:Pictures please |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Princewill1(m): 9:20am On Dec 25, 2020*. Modified: 10:37am On Dec 25, 2020 |
xscoffy:All businesses that involves speculation example: stock trading,sports betting, Forex trading, binary options, crypto currencies are all the same, nothing different. Just a change of name. It's stupidity to call sports betting gambling and Forex trading investment. Gambling can simply be defined as 'risking money to make more money.' So in all businesses listed above it all involves risking money to make more money. All the businesses above are all in the same category. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by emmanuelewumi(m): 9:21am On Dec 25, 2020 |
allstarfestus:Government warned them about a year ago |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by johhbekeboh09(m): 9:23am On Dec 25, 2020 |
Tadeknkeepcalm:LOL See mumu dem... MBA wise pass una Una sense don deactivate |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by gassbee: 9:24am On Dec 25, 2020 |
Nice one, they need to learn d hard way |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Dliquidmetal(m): 9:25am On Dec 25, 2020 |
xscoffy:what business records no loss? You said you been in both forex and bet and its same,I no dey argue o but theres a difference my brother maybe you prolly was in forex for a couple months but I've been in this shit for atleast 2years and most people that compare forex to bet have little knowledge and experience in this field. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Obasanjoslim: 9:29am On Dec 25, 2020 |
speakeroftruth:when will Nigerian be wise, by this time we should have learnt from MMM, but people still go ahead to invest in Ponzi scheme..some foolish Nigerian even go ahead to borrow from bank and microfinance to invest in this useless program God help our people with the spirit of greediness |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by dimeji1(m): 9:29am On Dec 25, 2020 |
So we still have some idiots in this country. Merry Christmas family |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by southpole: 9:30am On Dec 25, 2020 |
Zimri:The right word is "gamble" |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Okoroawusa: 9:31am On Dec 25, 2020 |
Nigerians will never learn. Some will still blame Buhari for their greed. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Infinitex: 9:33am On Dec 25, 2020 |
adonainana:600,000 in sales. Can you expanciate of that. Also what do you need investors for. And lastly where in Ibadan is your hostel. Are you the owner. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by dimeji1(m): 9:37am On Dec 25, 2020 |
Dliquidmetal:I believe you predict outcome in both and you invest your money with hope that your prediction will come true. So both are betting games. I invested in forex in 2007 and I know it is all about prediction of where the graph may go(either up or down) |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Nobody: 9:37am On Dec 25, 2020 |
Dliquidmetal:I know much persons like u will still come under this tweet. Defend any shit u wanna defend, bet n forex is absolutely same. It's simple. Only those that can't been in both can be deceived. This is same language that lures pple in n hardly end well. Ur trying to defend forex now.. lemme give u money to trade for me n make profit., We will still have to come BK here to settle scores. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Nobody: 9:40am On Dec 25, 2020 |
dimeji1:u de mind them Forex traders got such a sweet mouth to lure u in, give him money to trade for u or ask u to teach u how he makes his profit, it will still end in tears |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Sermwell(m): 9:41am On Dec 25, 2020 |
Wartsnigeria:Wow!! Good for you bro. I even thought the lockdown will be a hindrance. I was able to save #23m as at two weeks ago!! Hope to do better next year !✌ |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Nobody: 9:42am On Dec 25, 2020 |
Princewill1:Those forex traders can make u feel like a sinner. This is d prob I have with them. Full of shit. Tell u he makes this and that. Give him money to trade for u and wait for stories. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Cyberterror: 9:45am On Dec 25, 2020 |
Ponzi schemes usually benefits those who invested early. When you notice that any money doubling scheme has reached two years, run far! |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by ChrisLegacy007: 9:46am On Dec 25, 2020 |
3months ago i told a friend not to get involved in this same MBA n' he started preachin' in the Robert Kiyosaki now it has ended in premium tears.. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Twelfthman: 9:48am On Dec 25, 2020 |
My ex pestered me so much to invest in these stuff lol I I really don't trust these kinda stuff so I told her no. She got angry few months later she called me and told me about how the one man was about to run away with investors money and now she in debt and the suppose man at efcc custody. A lot of people had invested in the scam company through her. Sermwell: |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Juliearth(f): 9:50am On Dec 25, 2020 |
Sermwell:His loss is also your loss because I doubt if he would refund you. |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Geovanni412(m): 9:50am On Dec 25, 2020 |
Flango:When the notice SEC put out on MBA Forex being a scam came out....some Nigerians were commenting that SEC should tell them the genuine investment to put their money in and that MBA Forex was not a scam. EFCC can only prosecute a case when a complaint is laid before them- and to the best of my knowledge, no one complained of being scammed by MBA Forex till the bubble burst this ember months. Govt did their bit. Nigerians need to stop being greedy- Hedge fund companies that make 20 percent profit in a year rejoice that they had a great year, so how can a miniscule company be offering you 14 percent per month. Haba! |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by Nobody: 9:51am On Dec 25, 2020 |
Sonyboom:I have made millions from forex and yea i dont run a ponzi or sell seminars |
| Re: SEC Disowns MBA FOREX Investment, Calls It A Ponzi Scheme by brightk(m): 9:55am On Dec 25, 2020 |
This same punch published a story concerning the ceo of mba forex.[url] https://www.google.com/amp/s/punchng.com/nigerias-forex-market-largely-untapped-mba-boss/%3famp=1 [/url] |
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